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Sturm, Ruger (RGR) starts off like a speeding bullet, climbing 7.2% after the firearms company...

Sturm, Ruger (RGR) starts off like a speeding bullet, climbing 7.2% after the firearms company says it's stopped taking new orders due to overwhelming demand, having received bookings for over 1M units in Q1. Sturm, Ruger expects to "resume the normal acceptance of orders by the end of May." Smith & Wesson (SWHC +12.17%) flies higher also. (PR)
Comments (4)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    It's one and only part of the economy that Obama has impacted positively. That is, in the real, free market economy, not the government handout "economy".
    22 Mar 2012, 10:15 AM Reply Like
  • Terry330
    , contributor
    Comments (870) | Send Message
     
    Didn't President Obama ban all handgun sales his first day in office as stated as fact by NRA and Fake News.
    22 Mar 2012, 10:16 AM Reply Like
  • Tack
    , contributor
    Comments (14136) | Send Message
     
    Looks like the end-of-the-world, guns-and-ammo, head-to-the-bunker crowd is in full flight. No doubt, a very bullish contrarian indicator for the market.
    22 Mar 2012, 10:16 AM Reply Like
  • Terry330
    , contributor
    Comments (870) | Send Message
     
    Most gun owners are real religious, that tells you everthing.
    22 Mar 2012, 10:20 AM Reply Like
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